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Islamabad Real Estate News

3-time increase in plots transfer by CDA

ISLAMABAD: Citizens have protested against in three-fold increase by the CDA in transfer fee of plots terming it a tyrannical order. The CDA has increased the transfer fee 3 times without seeking the opinion of the general public which is arbitrary act, said Ghulam Hussain, a citizen. CDA has even violated the orders of Prime[…]

FIA nominates nine accused in Model Village Kurri land fraud case

* Senate body directs agency to submit reports within 45 days By Ijaz Kakakhel ISLAMABAD: the Federal Investigation Agency (FIA) on Monday informed the Senate Functional Committee on Government Assurances that nine persons including a tehsildar and Capital Development Authority (CDA) officials were involved in the Kurri and Rehara village frauds. “FIA officials informed the[…]

CDA pins hopes on public-private partnership for development

ISLAMABAD – After the approval of Capital Development Authority (Amendment) Bill, 2011, which provides legitimacy to joint ventures in terms of development of city through public-private partnership by the Prime Minister, the city managers have pinned high hopes on development of stalled sectors. Prime Minister Yousuf Raza Gilani on Saturday (February 3) accorded approval to[…]

Development of stalled sectors to start in three months

Official says general public to be involved in future development of capital ISLAMABAD: The development of stalled sectors of Islamabad will be initiated within three months, Prime Minister’s Task Force on Islamabad Chairman Faisal Sakhi Butt said on Wednesday. Addressing a reception organised by the traders’ welfare association of Sector F-10 Markaz, he said the[…]

FIA clears Zero Point Interchange Project

ISLAMABAD: The Federal Investigation Agency (FIA), after a thorough investigation, has concluded its investigation into the Zero Point Interchange (ZPI) of Capital Development Authority (CDA). The FIA has intimated that nothing incriminating could be found against the authority.

Media City in Diplomatic Enclave approved

ISLAMABAD: The Capital Development Authority (CDA) has approved 100 kanal land in the Diplomatic Enclave for the Media City where plots will be allotted to print and electronic media to construct their offices. Moreover a plot will also be allocated for the Institute of Media in the city. The approval of the Media City was[…]

CDA approves extension of Blue Area

SLAMABAD – In a bid to generate more funds, the Capital Development Authority (CDA) on Wednesday approved the extension of Blue Area through which the authority can generate billions of rupees by the auctioning its commercial plots, sources told Pakistan Today on Wednesday. The decision to extend the blue area was taken during a special meeting of[…]

Sector E-12 Islamabad plots

I would like to bring to notice of the President, PM and Chief justice of Pakistan, plight of citizens who have been denied their right to get plots in Capital Development Authority (CDA) Islamabad awarded to them in 1989. In a rare balloting of plots located in Islamabad D12 and E12 the CDA on 31[…]

CDA set to sell off Margalla Towers plot

ISLAMABAD – The city managers are expecting best possible returns, at least equivalent to a hefty amount the Capital Development Authority (CDA) has paid to the families of victims of ill-fated Margalla Towers, from the sale of ex-Margalla Towers plot along with the leftover structure. As many as 23 firms have submitted documents of Expression[…]

Kuri Road Housing Scheme to be completed in 2014

ISLAMABAD – The Pakistan Housing Authority (PHA) has taken physical possession of 90.8 acres of land for its Kuri Road Housing Scheme, planned to accommodate government officers at Kurri Road. A payment of Rs.445 million has also been made to the Capital Development Authority (CDA) as cost of land, sources at the Ministry of Housing[…]

PHA’s Kurri Road Housing Scheme: PM to perform groundbreaking ceremony tomorrow

ISLAMABAD: The Pakistan Housing Authority (PHA), under the dynamic leadership of Federal Minister for Housing and Works Makhdoom Syed Faisal Saleh Hayat, has translated federal government officers’ dream of having their own home at retirement into reality as Prime Minister Yousaf Raza Gilani is performing the groundbreaking ceremony of Kurri Road Housing Scheme on February[…]

CDA to probe Park Enclave tendering process anomalies

ISLAMABAD – The Capital Development Authority (CDA) constituted a three member committee on Monday to look into the concerns about the tendering process of the Park Enclave Housing Scheme project. Pakistan Today learnt that the committee was formed following the questions raised by the Transparency International (TI), the Public Procurement Regulatory Authority (PPRA) and the[…]

No development in Sector E-12

ISLAMABAD, Feb 6: Leader of the house in Senate Nayyar Bukhari on Monday tried to shift responsibility of non-development of sector E-12 to former military government of Ziaul Haq. Replying to a call attention notice raised by Jamaat-i-Islami (JI) Senator Professor Khursheed Ahmed on the apathy of the Capital Development Authority (CDA) towards development of[…]

CDA directed to start development in Sector I-15

ISLAMABAD: Prime Minister’s Islamabad Task Force Chairman Faisal Sakhi Butt in a recent meeting directed the Capital Development Authority (CDA) to submit a workable solution and a time frame for the development of Sector I-15 to overcome shortage of housing units in the federal capital.

Land scandal of millions of rupees in Sector G-9

Islamabad—A scandal involving millions of rupees has been unearthed in Capital Development Authority’s (CDA) Section Estate Management-2 (Commercial). It was revealed that CDA has ceded a commercial plot number 29 situated in G-9 Markaz, which was cancelled in 1985, to an influential parliamentarian bringing loss of Rs500 million to the national exchequer. CDA sources said[…]

CDA ‘gifts’ over 106 acres of land

ISLAMABAD – In a scandalous move, Chairman Capital Development Authority (CDA) Engineer Farkhand Iqbal has surrendered Authority’s 850 kanals (106.25 acres) of precious land against none to a private land developer allegedly to facilitate vested interests.On Monday last, the Chairman CDA Farkhand Iqbal using his discretionary powers in the absence of CDA Member Planning and[…]

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